While you were busy with all the holidays, another important reason for drinking heavily probably escaped your attention. This month marks 10 years of deregulation in Texas’s retail electric market. Hey, put down that chair. No need for violence. This is the free market we’re huzzahing here, Bub.
Actually, it was 1999 when the Texas Legislature passed the law deregulating retail electricity in much of the state. It was a couple more years before consumers could actually shop around from various power providers, creating a system intended to harness free-market competition to bring down rates.
Keep reading at the Dallas Observer.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.